Laboratory Finance Business Manager

From laboratory and accounting experts.

With more than 30 years of experience in the industry, Chi can provide a qualified Laboratory Finance Business Manager to help get to the right business analytics so that you can manage with confidence. Our Business Managers come with solid laboratory, accounting, and financial analysis backgrounds.

The Business Manager will be provided for up to 12 months, with up to four days onsite per month, and will work with leadership in both the laboratory and finance areas to demonstrate the use of financial tools and provide superior results. We are so confident in our ability to generate impressive outcomes that we will put our retainer at risk.

With our help, you will be able to make sound, timely, business decisions. We guarantee it.

Revenue Cycle

Billing and Collection Analysis

Billing Strategies

Pricing and Chargemaster

Financial Analysis ‒ Management Support

Analysis of Business Transactions

Budgets

Financial Analysis Tools

Labor Productivity

Month-End Analysis

Performance Improvement

Supply Chain Analysis

At-Risk Cost Reductions

At-Risk EBITDA/Profitability Enhancement

Consultative Benchmarking

Performance Analytics

Trends

Reference Testing

Outreach Performance Analysis

Cost Accounting

Financial Modeling

The application of knowledge leads to results. We do not just give advice; we work side-by-side with our clients to help them achieve the desired outcome. Clients get better results with Chi than they could ever achieve on their own. The more knowledge we bring to the table, the more certainty and success we bring to our clients.

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Testimonial

“Our relationship with Chi is long standing and they have been trusted advisors to assist us in our laboratory strategy development and operational assessments. They listen well to what we are looking for and their deliverables are on point.”

Braulio Vicente, Jr.

Sr. Vice President – Moffitt Medical Group

Tampa, FL

“I have participated in the Chi benchmarking program for over five years. The information received is useful to determine how process improvement initiatives affect financial and productivity performance.”

Barbara A. Blasutta

Executive Director, Hospital Laboratories

Laboratory Sciences of Arizona

“Chi has been a fantastic partner for Crittenton.”

Greg Partamian

COO

Crittenton Hospital Medical Center

“I can say objectively that your team could not have done a better job. The report and all the follow-up work were very impressive and very well done. As one who has been a client of many consulting engagements, I can truly say I haven’t seen anything better.”

Mike Metzler

Former CEO

St. Anne’s Hospital

“I know we can count on Chi.”

Charlotte Taylor

MedStar Health

“This has been a wonderful journey with Chi. It was a seamless transition for our employees, managers, pathologists, and hospital. We continue to enjoy the savings as well as the opportunities ahead of us.”

Jeff Kelly

Sr. Vice President, Administration

Warren Hosptial

“We knew our referral costs were climbing each year and needed to manage the process much closer, but until we began working with Chi, did not realize how much we had to learn and the different strategies there are to control costs and utilization!”

Laboratory Medicine Leadership

Wake Forest Baptist Health

“We were amazed at the level of detail reviewed in just two days and surprised at the gaps discovered!”

Nancy Bristol

Administrative Director

Crozer-Keystone Health System

“Over the past year, Mount Carmel Outreach has experienced growth of approximately 18.5% in net patient revenue and 47.5% growth in operating margin before indirect expenses.”